Payment for Vacation Leave at Termination Sample Clauses

Payment for Vacation Leave at Termination. Upon termination, regular permanent employees shall receive pay in lieu of unused vacation based on limitations stated above and as further limited by this Section. Employees shall receive, upon termination, pay in lieu of unused vacation up to the limits as prescribed above. However, at their option, such employees may elect to take paid service time in lieu of termination pay. Employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay. Pay for unused vacation leave shall be computed through the last day of employment.
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Payment for Vacation Leave at Termination. Paid Service Time. Regular, permanent employees shall be eligible to use accrued vacation leave, up to a limit of four hundred eighty (480) hours, in the form of paid service time prior to termination. Paid service time shall be provided as time off work with pay immediately prior to their termination date. Employees exercising their right to utilize vacation hours as paid service time shall be required to report for work on their last day of paid service time prior to termination. Any remaining accrued vacation leave (up to the 480-hour limit) not used as paid service time shall be cashed-out upon termination of employment. No employee terminated for just cause will be permitted to utilize vacation hours as paid service time, but rather, shall have vacation leave cashed-out under this Article. If a regular, permanent employee is ineligible to use accrued vacation as paid service time, as specified in this Article, or elects against taking paid service time, such employee shall receive a lump sum payment in lieu of unused vacation leave, upon termination, up to a maximum of four hundred eighty (480) hours. Pay for unused vacation leave shall be computed through the last day of employment. In addition, employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay nor be eligible to use vacation as paid service time; thus, their vacation leave shall be forfeited. This Section may be subject to modification to meet legal requirements in the event of further changes in State law.
Payment for Vacation Leave at Termination. Upon termination, regular permanent employees, with more than six (6) months of Port employment, shall receive a lump sum payment in lieu of unused vacation leave, based on limitations stated above and as further limited by this Article. Pay for unused vacation leave shall be computed through the last day of employment. This Section may be subject to modification to meet legal requirements in the event of further changes in State law.
Payment for Vacation Leave at Termination. An employee who has successfully completed their first six (6) months of continuous Port of Seattle employment will receive 100% of their accrued Paid Time Off balance at the employee’s hourly rate at termination as a lump sum (all rights to insurance benefits, pension benefits (except for PERS1) and leave accruals during the period in which the PTO leave would have been used as vacation time are waived.
Payment for Vacation Leave at Termination. Should an employee leave the employment of the Employer, prior to his having had the opportunity to take his vacation, the Employer, upon his separation from the employment thereof, will pay any accrued vacation time, at the above rate, provided that the employee has been employed at least 90 days as a regular full-time employee, on the next pay period following separation from the Employer.
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